Bitcoin is not well adapted for the technologically unsavy. By design, centralized exchanges should not be used for treating in Bitcoin. However, since Bitcoin

Bitcoin is not well adapted for the technologically unsavy. By design, centralized exchanges should not be used for treating in Bitcoin. However, since Bitcoin does not support trading in the order of seconds, or other features necessary for speculation, like margin positions, speculators use centralized exchanges. They are aware of the subpar regulation and security standards in the industry and take the risk. Again though, this has nothing to do with casual users of the currency, they shouldn't be using centralized exchanges. The best, to my knowledge, decentralized anonymous crypto exchange is bisq [0]. The "unable to recover" feature is central to Bitcoin by design, because that way it cannot be censured or otherwise manipulated by non-majority actors. To finish, Bitcoin is not the most technically sound cryptocurrency around. It is a historically pivotal idea and implementation, but it's details are not the future of cryptocurrencies. [0] https://bisq.network/ https://bisq.network/